2051 Lakeview DrJohnstonSC29832
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Johnston at 2051 Lakeview Dr, Johnston, SC, 29832 priced at $149,500 converts $1,136/mo rent into $246/mo cash flow after a $732/mo obligation. Total monthly income equals $1,136/mo, and annual cash flow totals $2,949/yr on $49,559 invested. Return on cash invested prints 25.86% in year one, and rental yield reads 9.12% against a $149,500 entry. Equity gained on principal adds $965/yr, while 5% annual appreciation compiles into $41,304 by year five. Five-year ROI reaches 134.49% and total cumulative return in cash sums $66,653. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,136/mo property income covering a $732/mo payment, not borrower’s personal income.
Single Family
Built in 1987
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29832, Johnston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,457 (100%) |
| Owner Occupied HU | 1,550 (63.1%) |
| Renter Occupied HU | 601 (24.5%) |
| Vacant Housing Units | 306 (12.5%) |
| Median Home Value | $188,014 |
| Average Home Value | $257,682 |
Housing Distribution
Address Breakdown
Residential
2,007
Single Family
1,983
Multi-Family
24
Businesses
181
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Listed by: Joseph Merritt • Merritt Realty Co., Llc
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #536802
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.